18FX

18FX is the trading brand of PT. Delapan Belas Berjangka, a company registered in Indonesia. According to our records, the firm was founded on 24 January 2025, making it a relatively new entrant to the local brokerage scene. The company operates through the official domain 18fx.co.id and presents itself as a provider of diverse trading opportunities via the MetaTrader 5 platform.

Our records show that PT. Delapan Belas Berjangka holds two regulatory licences in Indonesia: a Forex Trading License (EP) from BAPPEBTI with licence number 192/BAPPEBTI/SI/II/2003, and a Derivatives Trading License (AGN) from the Jakarta Futures Exchange (JFX) with licence number SPAB/169/JFX/05/2018. These are the only licences we have on file, and we have not found any clone or impersonator websites associated with the brand.

In Indonesia, forex and commodity futures trading is overseen by BAPPEBTI (the Commodity Futures Trading Regulatory Agency) under the Ministry of Trade, while the Jakarta Futures Exchange (JFX) acts as a self-regulatory exchange. 18FX's licences from these two bodies place it within the formal Indonesian regulatory framework, which is a positive signal compared with unregulated offshore brokers.

However, we note that the status of these licences is listed as '—' in our records, meaning we have not confirmed their current validity or any disciplinary history. The company is also relatively young, having been established in early 2025, and our risk assessment flags that it has been operating for only about 18 months. Traders should verify the licences directly with BAPPEBTI and JFX before committing funds.

According to the company description in our records, 18FX offers trading via MetaTrader 5 (MT5), a widely used platform known for its advanced charting tools, automated trading capabilities, and support for multiple asset classes. The broker states that it provides 'diverse trades' with 'low costs' and 'good support', though it also acknowledges a lack of transparency in some areas.

Our independent information is limited because public web results for 18FX are scarce and mostly refer to other Indonesian brokers with similar names. We have not been able to confirm the specific instruments, account types, spreads, or leverage offered by 18FX from official sources. The only web result that clearly matches 18FX is an unverified industry database entry, which we treat with caution.

We do not have verified details on 18FX's account tiers, minimum deposits, spreads, or commissions. The company's own description mentions 'low costs', but without official documentation or a functioning website review, we cannot substantiate specific figures. Traders interested in 18FX should consult the broker's official website or contact their support team for current account specifications.

Given the lack of public information, we advise potential clients to request full disclosure of trading conditions in writing before opening an account. This is particularly important for a newly established broker, as transparency about costs and execution is a key indicator of reliability.

Our records do not include specific details about 18FX's deposit and withdrawal methods, processing times, or fees. The company description does not mention these aspects, and we have not found reliable public information. In the absence of such data, traders should exercise caution and verify payment procedures directly with the broker.

It is worth noting that our risk assessment flags withdrawal complaints in approximately 50% of recent reviews, though we have not independently verified these complaints. This is a significant concern that warrants careful due diligence before funding an account.

Based on the available information, 18FX appears to target retail traders in Indonesia who are looking for access to forex and derivatives markets through a locally regulated broker. The use of MetaTrader 5 suggests an appeal to both beginner and experienced traders who value a robust trading platform.

However, given the broker's short operating history and the limited independent information available, 18FX may be best suited for traders who are comfortable with a higher level of uncertainty and who are willing to conduct thorough due diligence. Conservative traders might prefer more established brokers with a longer track record and more transparent public information.